Szabo Shandell 4

What Happened Szabo Shandell, a director of Magnolia Oil & Gas Corp (MGY), sold 11,731 shares in open-market transactions on March 30, 2026. The reported weighted-average price was $31.98 per share (range $31.9801–$31.99), for total proceeds of approximately $375,169. This was a sale (liquidity/portfolio action), not a purchase.

Key Details

• Transaction date: 2026-03-30; Form 4 filed: 2026-03-31 (timely filing).
• Shares sold: 11,731; weighted average price: $31.98; price range: $31.9801–$31.99.
• Proceeds: ~$375,169.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The reported price is a weighted average; the filer can provide a breakdown of the number of shares sold at each price within the stated range upon request.
• No 10b5‑1 plan, tax-withholding, or late-filing indication appeared in the provided excerpt.

Context Insider sales are often routine (for diversification, tax or personal-liquidity reasons) and do not by themselves indicate company performance. Purchases generally attract more attention as potential bullish signals. Retail investors should consider this sale alongside other insider activity, company fundamentals, and market conditions before drawing conclusions.